AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Announces $0.44 Dividend

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) declared a dividend on Monday, June 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, June 23rd will be given a dividend of 0.4358 per share on Monday, June 29th. The ex-dividend date is Tuesday, June 23rd.

AdvisorShares Dorsey Wright ADR ETF Stock Performance

NASDAQ:AADR opened at $83.11 on Tuesday. The stock’s fifty day moving average price is $85.08 and its two-hundred day moving average price is $87.30. AdvisorShares Dorsey Wright ADR ETF has a 52-week low of $75.51 and a 52-week high of $98.38. The company has a market cap of $44.88 million, a price-to-earnings ratio of 13.70 and a beta of 0.93.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Advisortrust Partners LLC acquired a new position in shares of AdvisorShares Dorsey Wright ADR ETF during the first quarter valued at $60,000. WealthShield Partners LLC increased its position in AdvisorShares Dorsey Wright ADR ETF by 30.6% in the first quarter. WealthShield Partners LLC now owns 4,459 shares of the company’s stock worth $364,000 after purchasing an additional 1,045 shares during the period. Janney Montgomery Scott LLC increased its position in AdvisorShares Dorsey Wright ADR ETF by 33.0% in the first quarter. Janney Montgomery Scott LLC now owns 4,805 shares of the company’s stock worth $392,000 after purchasing an additional 1,193 shares during the period. Virtu Financial LLC bought a new stake in AdvisorShares Dorsey Wright ADR ETF during the 4th quarter worth about $861,000. Finally, LPL Financial LLC raised its holdings in AdvisorShares Dorsey Wright ADR ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 16,601 shares of the company’s stock worth $1,432,000 after purchasing an additional 2,673 shares during the last quarter.

AdvisorShares Dorsey Wright ADR ETF Company Profile

The AdvisorShares Dorsey Wright ADR ETF (AADR) is an exchange-traded fund that is based on the BNY Mellon Classic ADR index. The fund is an actively managed ETF that aims to outperform the international markets outside the US by holding ADRs with high relative strength. AADR was launched on Jul 20, 2010 and is managed by m.